Broken Tail Light In Georgia Leads To $425K Bail In California For Extradited Suspect Accused Of Squeezing Banksters In 'Cash For Keys' Scam By Illegally Occupying Vacant Foreclosures, Then Applying For & Pocketing Relocation Assistance
From the Office of the San Bernardino County, California District Attorney:
- A Roseville man wanted for real estate fraud was extradited last week from Georgia.
On July 3, 48-year-old Eimbari Kemet was extradited from Lawrenceville, Georgia, back to California by San Bernardino County District Attorney investigators. Kemet was arrested in Georgia for an outstanding warrant following a traffic stop for a broken tail light.
After being brought back to San Bernardino County, Kemet was booked into West Valley Detention Center in Rancho Cucamonga and bail was set at $425,000.
In Feb. 2012, investigators from the District Attorney's Real Estate Fraud Prosecution Unit issued a felony arrest warrant for 48-year-old Eimbari Kemet who was suspected of taking part in an alleged “cash for keys” scam in Rancho Cucamonga. Also charged in the scam is Quddusa Lynette Anderson, 38, of Patton, who was sentenced last year to 252 days in County Jail and ordered to pay $10,000 restitution to the victims.
Anderson and Smith are accused of conspiring to defraud mortgage giants, Freddie Mac and Bank of America, and taxpayers, by illegally occupying foreclosed homes and applying for relocation assistance known as "Cash for Keys.” To avoid a lengthy eviction process, mortgage lenders like Freddie Mac, Fannie Mae, and Bank of America offer legitimate tenants what is known as "Cash for Keys," to move out of the residence by a specific date and leave the property in turnkey condition.